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Mark shorted 57 shares of Boeing. The total amount of cash in the brokerage account serving as collateral for the position $2,273. The initial margin
Mark shorted 57 shares of Boeing. The total amount of cash in the brokerage account serving as collateral for the position $2,273. The initial margin is 61% and the maintenance margin is 34%. The current price of BA is 167. Compute the amount required to restore the margin, if any.
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